Latest Office of Thrift Supervision Stories
A financial regulation bill being written by U.S. Sen. Chris Dodd, D-Conn., differs from ideas backed by the White House, the senator says. Dodd's bill, which is expected to play the same role in the effort to place tighter controls on Wall Street as the bill crafted by Sen.
The U.S. thrift industry has posted its first profit since the third quarter of 2007, U.S.
Regulatory change for U.S.
At least 30 U.S. banks since 2000 have sidestepped federal directives by switching to state supervision, a Washington Post study found. Over the past eight years 240 banks have chosen to make the switch from federal oversight to state charters.
The U.S. Office of Thrift Supervision is being blamed for what critics say was lax oversight of Countrywide Financial Corp. The agency regulates thrifts, also known as savings and loans, which focus on mortgage lending.
The U.S. Office of Thrift Supervision shut down two California banks late Friday, transferring operations to the giant U.S.
By Louise Story The seizure of IndyMac Bancorp by U.S. regulators marks one of the largest bank failures in American history. The bank, once part of Countrywide Financial, is the first major bank to shut its doors since the mortgage crisis erupted more than a year ago.
By Brian Day PASADENA - Federal Deposit Insurance Corporation officials sought to calm IndyMac investors' concerns Sunday as regulators prepare to reopen the bank under federal control.
By Kevin Smith -- Related Story: IndyMac appears close to collapse -- Related Story: IndyMac rebuts senator's concerns -- Related Story: IndyMac to slash jobs -- Related Story: IndyMac responds to online criticism of high- yield CDs -- Related Story: US regulators take control of IndyMac PASADENA - There was no shortage of ambition at IndyMac Bancorp Inc.
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